Fracking

I’ve thought long and hard about what to say this year because of all the media buzz around shale oil and natural gas fracking as energy saviors, maybe bringing back cheap energy and rendering the big user oil countries less dependent on oil, and less dependent on OPEC and other oil producing countries. My view has not been altered by the recent news around fracking.

Each segment of the transportation and logistics industries – railroads, trucking, shipping, and airlines – is experiencing the dramatic impact of the shale energy revolution

With a new year here, it is always good to look at the big picture when it comes to figuring out the economy, which has become an annual event, not to mention an ostensible exercise in futility, too, at times.